Candlestick Charts For Beginners (Basics & Patterns)

Candlestick charts can seem overwhelming to beginners. This is a quick how-to tutorial on how to read a basic Japanese candlestick chart and recognize candlestick patterns and signals. I also compare candlesticks to line graphs and give examples of several patterns and signals (doji, hammer, hanging man, engulfing patterns (bullish & bearish), morning star, and evening star). July 2024

Chapters:
0:00 - Introduction
0:44 - Candlestick Basics
4:01 - How to Read a Chart
7:07 - Comparison to Line Chart
7:55 - Patterns and Signals
11:29 - Conclusion

Extra Reading:

Candlestick details - https://www.investopedia.com/articles...

Patterns and Signals - https://www.strike.money/technical-an...

Afraid to Ask is a channel dedicated to providing short, easy-to-understand explanations of personal financial topics. Videos include the most basic concepts for beginners to more advanced topics for those looking expand their knowledge.

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This content is for education and entertainment purposes only. I do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

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